The income statement and a schedule reconciling cash flows from operating activities to net income are provided below ($ in thousands) for Peach Computers. PEACH COMPUTERS Income Statement For the Year Ended December 31, 2021 Sales $ 545.0 Cost of goods sold (218.0 ) Gross margin 327.0 Salaries expense $ 65.0 Insurance expense 42.0 Depreciation expense 20.0 Loss on sale of land 18.0 145.0 Income before tax 182.0 Income tax expense (91.0 ) Net income $ 91.0 Reconciliation of Net Income To Net Cash Flows from Operating Activities Net income $ 91.0 Adjustments for Noncash Effects Depreciation expense 20.0 Loss on sale of land 18.0 Changes in operating assets and liabilities: Decrease in accounts receivable 22.0 Increase in inventory (93.0 ) Decrease in accounts payable (56.0 ) Increase in salaries payable 37.0 Decrease in prepaid insurance 17.0 Increase in income tax payable 85.8 Net cash flows from operating activities $ 141.8 Required: 1. Calculate each of the following amounts for Peach Computers. 2. Prepare the cash flows from operating activities section of the statement of cash flows (direct method).